Common use of Limitation on Liability of Trustees, etc Clause in Contracts

Limitation on Liability of Trustees, etc. This agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund. The obligations of this agreement shall be binding upon the assets and property of the Fund only and shall not be binding on any Trustee, officer or shareholder of the Fund individually.

Appears in 46 contracts

Samples: Fund Participation Agreement (Wanger Advisors Trust), Fund Participation Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Participation Agreement (Variable Annuity Account I of Ing Insurance Co of America)

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Limitation on Liability of Trustees, etc. This agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund. The obligations of this agreement shall be binding upon the assets and property of the Fund only and shall not be binding on any TrusteeDirector, officer or shareholder of the Fund individually.

Appears in 1 contract

Samples: Fund Participation Agreement (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

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Limitation on Liability of Trustees, etc. This agreement Agreement has been executed on behalf of the Fund by the undersigned officer of the Fund in his or her capacity as an officer of the Fund. The obligations of this agreement Agreement shall be binding upon the assets and property of the Fund only and shall not be binding on upon any Trustee, officer or shareholder of the Fund individually.

Appears in 1 contract

Samples: Custody Agreement (Alger American Fund)

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